ArabFinance: Egypt Aluminum Company (Egyptalum) (EGAL) denies what has been published in news websites regarding the fall of its factory's loads from 600 to 100 megawatt per day, according to the company’s June 3rd statement filed to the Egyptian Exchange.
The company forecast incurring a net loss of EGP 1.027 billion in the fiscal year (FY) 2020/2021.
Egyptalum is an Egypt-based company engaged in the production and export of aluminium products and by-products. The company has a complex at Nag Hammadi, 100 kilometers north of Luxor.
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